Solana’s Gigachad (GIGA) experienced a notable surge in price following Coinbase’s announcement of its plans to include the token in its listing roadmap. This addition included other digital assets such as Ethereum’s Turbo (TURBO), signaling the exchange’s ongoing commitment to expanding its asset offerings.
The announcement sparked an increase in investor interest as the Gigachad (GIGA) price has gone up and trading has increased sharply. The move heralds Coinbase’s plan to expand its portfolio involving different blockchain networks.
Solana’s Gigachad (GIGA) Sees 50% Price Surge Amid Coinbase Listing Expansion Plans
Shortly after Coinbase’s official announcement of listing the token on its roadmap, Gigachad price experienced a 50% bump as revealed in a recent report. Trading activity also spiked as investors reacted sharply to the news, taking the value of the coin up.
Concurrently, Gigachad (GIGA) became one of the top meme coins in the market, having a market capitalization of $492,203,275.
This step is part of a plan to increase its offerings especially in the emerging meme coin market. The exchange continued addition of meme coins to its 2024 roadmap is a proof of its desire to tap into the growing market.
More so, the trading platform has also added Turbo (TURBO) to its roadmap, an ERC-20 token. Following the addition, TURBO price also surged over 20% in just 24 hours.
However, it is crucial for users to wait for an official announcement before making any transfers or trading decisions involving these assets. Depositing tokens into a Coinbase account before an asset is officially listed can result in the permanent loss of funds. This is because transfers and trading is not supported until the asset is officially listed
Recent Meme Coin Additions To Exchange Listing Plans
Coinbase continues to expand its offering of meme coins, with recent announcements that have generated significant market activity. One of the latest to join the platform’s roadmap is MOG Coin (MOG), a meme coin on the Solana blockchain.
After the announcement of Coinbase to list MOG on Base, the coin’s market cap rose, getting close to $1 billion. This is a major achievement for MOG Coin since the MOG price rose by more than 20% in less than one hour after the announcement. The inclusion of MOG Coin to the Coinbase listing further indicates the exchange’s dedication to the growing meme coins market.
In addition, the exchange earlier unveiled plans to list Moo Deng (MOODENG), another meme coin on the Solana network. The announcement led to a 70% surge in MOODENG price within 24 hours, pushing its trading volume up by 400%. These additions reflect a broader strategy to tap into the demand for meme coins, with listings like PEPE and FLOKI already contributing to the exchange’s portfolio.
Ronny Mugendi
Ronny Mugendi is a seasoned crypto journalist with four years of professional experience, having contributed significantly to various media outlets on cryptocurrency trends and technologies. With over 4000 published articles across various media outlets, he aims to inform, educate and introduce more people to the Blockchain and DeFi world. Outside of his journalism career, Ronny enjoys the thrill of bike riding, exploring new trails and landscapes.
Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
✓ Share: